Strategic Expansion Of Toxfree’s Technical And Environmental Services In NSW Through The Acquisition Of Worth Recycling safe.reliable.sustainable
Disclaimer This document has been prepared and issued by Tox Free Solutions Limited (ABN 27 058 596 124) ("Toxfree" or the "Company"). No party other than Toxfree has authorised or caused the issue of this document, or takes responsibility for, or makes any statements, representations or undertakings in this document. Summary information This presentation contains summary information of Toxfree current as at the date of this presentation. The information in this presentation does not purport to be complete or comprehensive, and does not purport to summarise all information that an investor should consider when making an investment decision. It should be read in conjunction with Toxfree's other periodic continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au, and are also available on Toxfree's website at www.toxfree.com.au. Not a prospectus This presentation is not a prospectus or a product disclosure statement or any other offering document under the Corporations Act 2001 (Cth) and has not been (and will not be) lodged with the Australian Securities and Investment Commission. This presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. Not investment advice The presentation does not constitute investment or financial product advice, nor is it a recommendation to acquire securities in Toxfree. Further, the information provided in this presentation is not intended to be relied upon as advice to investors or potential investors in making a financial decision, and nor is it intended to constitute legal, tax, accounting or other advice. This presentation has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs. Recipients should make their own enquiries and investigations regarding any investment, and should seek their own professional advice on the legal, financial, accounting, taxation and other consequences of investing in the Company. No reliance may be placed for any purpose whatsoever on the information contained in this presentation or on its accuracy or completeness. Financial data All dollar values are in Australian dollars (A$), and financial data is presented within the financial year end of 30 June, unless otherwise stated. Risks of investment An investment in Toxfree shares is subject to investment and other known and unknown risks, some of which are beyond the control of Toxfree. Toxfree does not guarantee any particular rate of return or the performance of Toxfree nor does it guarantee the repayment of capital from Toxfree or any particular tax treatment. You should have regard to (among other things) the risks outlined in this presentation when making an investment decision. 2
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Contents 1 Transaction Overview 2 Overview of Worth Recycling 3 Strategic Rationale 4 Financial impact 5 Acquisition Funding 5
Transaction Overview 6
Key Highlights Major expansion in NSW through acquisition of Worth Recycling – a leading liquid and industrial waste treatment and industrial services business Strategic EPA licensed waste treatment facilities in South Windsor and St Marys, plus operations in the Illawarra and the Hunter Valley Expands Toxfree’s geographic presence and diversifies client base Synergies from integration of NSW operations with Toxfree and ability to expand Worth technologies and IP into other states Highly experienced management team and an excellent cultural fit 13% EPS accretive to Toxfree shareholders on forecast FY16 pro ‐ forma earnings 1 with strong margins and growth potential 1 Before synergies, transaction costs, rebranding expenses and amortisation of customer related intangibles and based on broker consensus estimates for Toxfree. 7
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